Category: Market Price

CBN should abolish official exchange rate – BDC operators

CBN should abolish official exchange rate – BDC operators The Association of Bureaux Des Change Operators of Nigeria has urged the Central Bank of Nigeria to float the naira to halt its further depreciation. The President of ABCON, Alhaji Aminu Gwadabe, made the appeal on Saturday in an interview with the News Agency of Nigeria […]

Forex crisis: EFCC raids Bureau De Change hub in Abuja

Forex crisis: EFCC raids Bureau De Change hub in Abuja Operatives of the Economic and Financial Crimes Commission (EFCC) have raided a Bureau De Change (bdc) hub at Wuse Zone 4, which is home to most of the operators in Abuja. The action by the anti-graft agency might not be unconnected with the current crisis […]